Ellwood City represents our willingness to go where the data leads. This net lease 7-Eleven acquisition was priced at an attractive cap rate with a creditworthy national tenant on a long-term lease — stable income regardless of local macro trends.
Population
Median Income
Pop. Growth
Employment
7-Eleven corporate-guaranteed lease
Below-replacement-cost acquisition basis
7%+ cap rate — well above Sun Belt comps
30 miles northwest of Pittsburgh metro area